April 18 - CRG Sells 708,990 SF Warehouse at The Cubes at Interstate Centre II Near Savannah

“With two full-building commitments in just a few months, it’s clear The Cubes at Interstate Centre II is a preferred choice for large logistics users looking to scale operations in the region,” said Mike Demperio, executive vice president and Southeast Region industrial partner for CRG. “Building B not only has the market-leading specifications affiliated with our nationally recognized industrial brand, The Cubes, but it also offers a location with lower labor costs and less traffic congestion. Additionally, our users benefit from supportive administrations at both the state and county level, with significant investments in infrastructure and workforce development, as well as incentives to draw new business to the area.”

CRG’s first building at The Cubes at Interstate Centre II, the 700,000-square foot Building A, was leased to McKesson Medical-Surgical in November 2021. The second facility, Building E, was leased in late October 2022 to a subsidiary of Rooms to Go. Buildings B and C are currently under construction and a fifth building, Building D, is also planned for the site. Upon completion, The Cubes at Interstate Centre II will offer a total of nearly 4.26 million square feet of Class A industrial space. Additionally, CRG recently acquired 588 acres at the adjoining The Cubes at West Port, which offers the ability to develop an additional 10 million square feet of space. 

“With its proximity to a major coastal port and interstate highways, Savannah continues to be one of the strongest industrial markets in the country,” said Shawn Clark, president of CRG. “We continue to see robust user demand for modern logistics facilities in the Southeast, especially in port-of-entry markets with high population growth.” 

Located at 1864 Interstate Blvd. in Ellabell, Building B sits on approximately 49.8 acres of land and features 40-foot clear heights and a cross-dock configuration allowing for maximum efficiency. The building incorporates 116 dock doors, 54’x53’ column spacing, an ESFR sprinkler system, four drive-in doors, 140 trailer parking spaces, and 369 vehicle parking spaces. CRG’s parent company, Clayco, served as the builder for the project, while Clayco subsidiary Lamar Johnson Collaborative was architect.

Chris Tomasulo, Ryan Hoyt and Bennett Rudder of JLL represented CRG in the transaction.

CRG has planned, broken ground on or completed over 53 million square feet of industrial projects, serving tenants such as Amazon, Lowe’s and McKesson. Other developments in Georgia include The Cubes at Bridgeport, a 500-acre master-planned industrial park in the South I-85 submarket of Atlanta; The Cubes at River Park, a completed 1,006,000-square-foot speculative industrial building; and a planned 1 million-square-foot speculative industrial building in Butts County, located in Atlanta’s I-75 South submarket.